In order for a gym to be run properly, it’s almost a necessity for it to have software to assist in operations. There are many advantages of a club management system such as Membership Management, Recurring Billing and POS Software, and Financial Reporting and Analysis. Many small and large gyms have taken advantage of the benefits this type of software has to offer increasing their efficiency Read below to learn more about gym management software.
1. Membership Management
With a club management system, it’s very easy to track member check-ins, information, and allowing access to a member portal. Through a member management portal, clients are able to view or pay their bill, update their membership information, sign waivers, schedule classes and appointments, all while gym owners can put their time towards other activities. Long are the days of sending individual emails or making phone calls to demand payments.
2. Recurring Billing and Point of Sale Software
At the end of the day gyms rely on paying members to run. There are different types of software that will handle recurring payments, EFT, and ACH (Automated Clearing House) processing. With recurring payments implemented gym owners and clients will no longer have to worry about late payments or late fees. Some software also includes POS(point-of-sale) transactions while also handling electronic waivers and down payments. Through the system owners are able to sell products on their website and set up individual payment options for members. They also handle other financial transactions that take the stress away as a gym owner having to deal with billing and transaction issues. Having everything in one place is invaluable for gym owners.
3.Financial Reporting and Analysis Tools
Included in the software are also valuable reports that can be utilized and tracked. Among these are monthly billing statements, churn rate, class attendance, revenue per client, lead tracking, final invoices, and club account deposit summaries. These reports enable gym managers to make important club decisions based on their membership data and financials. The data available also enables club owners to properly manage cash flow.
Why purchase club management software?
Club management software is a valuable tool for owners to use that saves time and money in the long run. Having everything in one place is key to ensure a smooth operation and is the exact reason we came up with RhinoFit. Below is a quick preview of RhinoFit Member Management Software. Check us out today and schedule a demo to learn more.